I am need of leasehold conveyancing for a flat in a relatively new development (seven years built) in Aldeburgh. The vast majority the appartments have already been disposed of. Is it strictly necessary to order local searches for my conveyancing in Aldeburgh?
You would be putting yourself at risk in not carrying out Aldeburgh conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would seriously advise in the strongest possible terms that your conveyancer conducts them. Where accelerating the process and price are top of your issues you should discuss with your conveyancer about the option of search insurance
I purchased a freehold house in Aldeburgh but still charged rent, why is this and what is this?
It’s unusual for properties in Aldeburgh and has limited impact for conveyancing in Aldeburgh but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
I have a decision in principle. The lender mentioned the home loan came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would prefer to instruct a high street conveyancing solicitor in Aldeburgh?
Do check but the the likelihood is that give you one of their panel lawyers should you take up the "fee-free" deal. Call the lender to check if they offer you a cash alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Aldeburgh.
My partner and I are intent on selling our property in Aldeburgh and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the purchasers used an internet conveyancing outfit rather than a conveyancing solicitor in Aldeburgh. Having lived in Aldeburgh for 4 years we know of no issue. Is it a good idea to get in touch with our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I am buying a new build apartment in Aldeburgh. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Aldeburgh
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Can you please explain what options are open to me where my Aldeburgh conveyancing searches reveals detrimental results?
Usually, the majority of problems arising from Aldeburgh conveyancing search responses can be addressed prior to completion or title insurance may be obtained. You should note that regardless of the fact that you intend on purchasing the premises and might be content to accept the search results, your building society or bank may not, and ultimately the decision rests with them.